The Eastern Dive Boat Association interviewed six of 

 the nine dive boat captains operating north of Atlantic 

 City and found that the six boats had lost $17,000 in chart- 

 ers, for an average boat loss of $2,800 (Pat Yanatan, per- 

 sonal communication). Thus, total loss to the dive boat 

 industry was about $25,000. 



With a reduced volume of party, charter, and dive boat 

 trips and fares, other coastal businesses catering to fish- 

 ermen (e.g., tackle shops, motels, restaurants, gas sta- 

 tions) undoubtedly sustained losses. The extent of these 

 losses was not determined. 



Because the anoxia was restricted primarily to offshore 

 ocean waters, sportfishing decreased little if any from the 

 surf and in bays and inlets. Although no statistical data 

 were collected, general conversations with fishermen in- 

 dicated that private boats made fewer offshore fishing trips 

 during summer 1976. 



Assuming the economic losses brought about by can- 

 celled offshore fishing trips for private boat fishermen 

 were similar to the losses of party and charter boats, the 

 following are estimated: 



1. Full-year losses to party and charter fleet = 3.5 

 percent; 



2. Summer losses reported by charter and party boat 

 captains — charter = 23 percent, party = 27 per- 

 cent, average 25 percent; 



3. Recreational private offshore fishing boat trips 

 between July 13 and September 20, 1975 (Freeman 

 et al. 1976) = 104,223; 



4. Average number of anglers per boat trip = 4; 



5. Average expenditure per angler trip (1975 Na- 

 tional Survey of Hunting, Fishing and Wildlife- 

 Associated Recreation) = $19.02; and 



6. Calculation of losses based on 25-percent loss, 

 104,223 boat trips, four anglers/boat, and $19.02/ 

 angler = $2 million. 



SUMMARY 



Table 14-7 summarizes the estimated, actual, and po- 

 tential economic losses to New Jersey's commercial and 



Table 14-7. — Estimated losses to New Jersey's commercial and recreational marine fisheries-related industries as a result of 1976 anoxia' 



Fishery 



Type of 

 loss 



1976 

 loss 



Future 

 loss 



Total 

 losses 



Years to 

 recover 



Subtotals for dockside 

 processing and marketing 



Total: 



70.3 



498.6 



568.9 



Recreational: 



Party boats 

 Charter boats 

 Dive boats 

 Private boats 



Total 

 Commercial and 

 recreational: 



Total 



actual 

 actual 

 actual 

 actual 



actual 

 resource 



74,0 



498.6 



572,7 



Note: Using averages of estimated losses. 



321 



